74
74
Dec 27, 2012
12/12
by
FBC
tv
eye 74
favorite 0
quote 0
obama took office, unemployment rate north of 10%. gerri: you had low expectations for any kind of deal getting done. it would be small. they're not even meeting that. you think we will get anything before january 1? >> identifies the house has been brought back increases the likelihood we will. the real question here is to republicans playing a little bit? do they accept tax increases something over and comes a $5000. does the president given a little bit? you're asking me what a very rigid man and a very rigid group of guys over at the house be willing to behave like adults and compromise? so far we haven't seen any vacation adult behavior from either group. gerri: what you said about how you took some sort of confidence the house was coming back also encourage the stock market today. maybe they might get something. appreciate your time, have a great new years. gerri: take care. >> thank you. gerri: when we come back, how does he jump the fiscal cliff talks? and some new years resolutions on congress. we will be right back. excuse m
obama took office, unemployment rate north of 10%. gerri: you had low expectations for any kind of deal getting done. it would be small. they're not even meeting that. you think we will get anything before january 1? >> identifies the house has been brought back increases the likelihood we will. the real question here is to republicans playing a little bit? do they accept tax increases something over and comes a $5000. does the president given a little bit? you're asking me what a very...
126
126
tv
eye 126
favorite 0
quote 0
is president obama not serious? surely the leaders would not play games that could result in a ten per -- 10% of the plumber rate, recession, and a massive wall street sell-off. a wall street veteran joins us next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. ♪ lou: the uncertainty over the fiscal cliff, conflicting economic reports giving investors headaches and upset stomachs, at least some of them. to make sense of it all, wall street legend joins us and just moments. first, let's take a look and what caused all of the tanks in the "moneyline" tonight. unexpected weakness, an absence of leaders in washington creating anxiety, some volatility. adelle opening the month with a 60-point loss, s&p dropping, nasdaq eight, trading right on the average from monday, 3 billion shares
is president obama not serious? surely the leaders would not play games that could result in a ten per -- 10% of the plumber rate, recession, and a massive wall street sell-off. a wall street veteran joins us next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz...
90
90
Oct 18, 2012
10/12
by
FBC
tv
eye 90
favorite 0
quote 0
is obama leading the nation or just campaigning? >> just campaigning. that's complete and utter nonsense that argument. this is a president who twice argued that raising taxes in a down turn would hurt the economy and would kill jobs. he's now running, proposing to do what he said would be bad for the economy in a time we grow at 1.3%. it makes no sense whatsoever on the economics of it. he thinks it makes sense on the politics of it, but i don't know that that's nosily true. people are getting sick of the class warfare arguments. they don't seem to be working for the president judging by the latest polls. gerri: be clear about what the cliff costs regular americans. estimates are that the average annual household tax bill goes up by $3500, and it's not just that, but it's also higher taxes on investments, long term capital gains, dividends, interest incomes. i mean, where's the incentive to do anything if taxes go up so high so quickly? >> yeah, there really isn't anything, and people don't know what's likely to come, and when the president assures the
is obama leading the nation or just campaigning? >> just campaigning. that's complete and utter nonsense that argument. this is a president who twice argued that raising taxes in a down turn would hurt the economy and would kill jobs. he's now running, proposing to do what he said would be bad for the economy in a time we grow at 1.3%. it makes no sense whatsoever on the economics of it. he thinks it makes sense on the politics of it, but i don't know that that's nosily true. people are...
63
63
tv
eye 63
favorite 0
quote 0
president obama has now got the unemployment rate down a full point over the last year. so the trend line, unlike jimmy carter is very clear. melissa: trend line is going other way. it went up this month. went from 7.8 to 7.9. green energy. solar what you want to highlight? more abound, more sole sole of a story of solar energy companies going bankrupt. that is what you guys want to cling to? >> well the fact is, it has been a growth industry overall. there can be right-wing or republican spins on that. over the last year the unemployment rate --. melissa: how much tax dollars and what could the tax dollars spent on? >> can i say, melissa, give the president a little credit here. net more new jobs than when he took office in the wake. melissa: 194,000. >> well, but in the wake of the biggest financial disaster. what does romney do? melissa: got 16 million people who need more jobs at a rate -- four years 194,000 how long would it take to 16 million back to work four years for 194,000. i'm going to be dead by the time everyone is back to work. you've been talking a lot. i
president obama has now got the unemployment rate down a full point over the last year. so the trend line, unlike jimmy carter is very clear. melissa: trend line is going other way. it went up this month. went from 7.8 to 7.9. green energy. solar what you want to highlight? more abound, more sole sole of a story of solar energy companies going bankrupt. that is what you guys want to cling to? >> well the fact is, it has been a growth industry overall. there can be right-wing or republican...
67
67
Dec 27, 2012
12/12
by
FBC
tv
eye 67
favorite 0
quote 0
writing into their hope barack obama gets all the taxes he wants. i'll be the first to say i toldd you so when the consequence happens.n t people learn the hard way.n obama never negotiate, he just demands something of complaints. when he doesn't get what he wants. he is far more mature than that, don't you think? we will keep thinking about that. thank you for your comments. we love hearing from you. that is it for us, thank you for being with us, we will see you tomorrow night. >> a massive winter storm wreaking havoc bringinocg with t blinding snow and devastating tornadoes, at least six people are dead, over 1000 flights canceled nationwide stranding holiday travelers and now worries things could get a lot worse.ling welcome, everybody, i am eric bolling in for neil cavuto, we're tracking a deadly winter storm making its way towards east coast. across the south and southwest at least 34 twisters leveling homes in mississippi more than 25 people injured, at least 70g. homes damaged in that number expected to rise. the storm knocking out power to
writing into their hope barack obama gets all the taxes he wants. i'll be the first to say i toldd you so when the consequence happens.n t people learn the hard way.n obama never negotiate, he just demands something of complaints. when he doesn't get what he wants. he is far more mature than that, don't you think? we will keep thinking about that. thank you for your comments. we love hearing from you. that is it for us, thank you for being with us, we will see you tomorrow night. >> a...
147
147
tv
eye 147
favorite 0
quote 0
. >>> with the rates race for the white house heating up president obama's campaign is outspending republican rival mitt romney. the nielsen company the president is running nearly three times as many ads in swing states. the biggest disparity in the key swing state of ohio. after a turbulent week and dozens of canceled flights, american airlines says all of their 757s will be back online tomorrow. airline says issue has been identified and their maintenance teams are securing a government approved locking mechanism to make sure no seat can be dislodged. that's the latest from the fox business network, giving you the power to prosper david: cleveland is open for business. liz claman got a chance to speak with some of the most influence businesses. liz? >> cleveland rocks. steve wynn wood leading into this segment. we spent 48 hours here showing cleveland is open for business. we talked to the biggest business leaders from all sectors of the economy from oil to banking to the nfl who have proved this place does rock. it's the place to be. >> we were $8 billion in the hole, the largest deficit
. >>> with the rates race for the white house heating up president obama's campaign is outspending republican rival mitt romney. the nielsen company the president is running nearly three times as many ads in swing states. the biggest disparity in the key swing state of ohio. after a turbulent week and dozens of canceled flights, american airlines says all of their 757s will be back online tomorrow. airline says issue has been identified and their maintenance teams are securing a...
146
146
Dec 12, 2012
12/12
by
FBC
tv
eye 146
favorite 0
quote 0
the food stamp participation rate has risen by more than 13 million people. every single month of this year additional members, folks moving on to the roles of food stamps. it has become more expensive to run as well. in 2000 the food stamp program cost just under $1,000 per person. today the number has soared to $1,700 a person, 68 percent increase, double the rate of inflation. poverty rates continued arise. housing and urban development estimating there were 250-350000 people homeless on a typical night back at the end of 1983. this compares with an estimated 636,000 homeless at the end of last year going into the fourth year of the president's presidency. just think of all this expansion, all of the spending, the federal government over the course of almost three decades. it's what president ronald reagan promised to take on and rivers more than three decades ago. >> we are a nation that has the government cannot the other way around. and this makes as special among the nations of europe. our government has no power, except that granted it by the people.
the food stamp participation rate has risen by more than 13 million people. every single month of this year additional members, folks moving on to the roles of food stamps. it has become more expensive to run as well. in 2000 the food stamp program cost just under $1,000 per person. today the number has soared to $1,700 a person, 68 percent increase, double the rate of inflation. poverty rates continued arise. housing and urban development estimating there were 250-350000 people homeless on a...
119
119
Dec 28, 2012
12/12
by
FBC
tv
eye 119
favorite 0
quote 1
rates for us and them -- now that's progressive. call or click today. adam: that's a live picture of the white house inside the press briefing room. president obama is going to make comments from the pest room 5:45 eastern regarding the fiscal cliff. as soon as he comes into the briefing room and takes to the podium fox business will bring us his statement live right here. >>> but firsts more sabre-rattling coming out of iran. the rogue state launching major military exercises. served in the u.s. navy for 11 years. i would imagine. you were in at some point ever in the persian gulf area? >> i was off of somalia with the uss el paso. i was just in the region of international commission on religious freedom in bahrain. we have quite a naval presence with the fifth fleet in the area. adam: we do, because roughly 40% of the world's oil will flow through the strait of hormuz. how concerned should we be that iran is holding these military exercises? they have done this before, have they not? >> i think we should be concerned about the message they're sending
rates for us and them -- now that's progressive. call or click today. adam: that's a live picture of the white house inside the press briefing room. president obama is going to make comments from the pest room 5:45 eastern regarding the fiscal cliff. as soon as he comes into the briefing room and takes to the podium fox business will bring us his statement live right here. >>> but firsts more sabre-rattling coming out of iran. the rogue state launching major military exercises. served...
76
76
tv
eye 76
favorite 0
quote 0
unemployment is higher today than when barack obama took office. rich: president obama's -- the romney campaign has featured bankruptcy with the government providing guarantees proposed financing. ohio could very well decide this race. president obama returned tomorrow. governor romney later this weekend. david: thank you very much. let's bring in our panel. liz: we have jeff cleveland and fill -- the action you saw today, didn't say anything about what we may see next week and review a little perplexed? >> we sell gold and silver get liquidated. they thought that qe maybe a little shorter and its duration. as the day went on, we sell oil prices continue to decline. we sell gold and silver break down harder. that put a lot of pressure on the margin situation. liz: we need to show a gold chart. gold plummeted today. gold was up about $1700, now it is 1678. if you look at the one week, you'll get a better sense of that. what do you attribute the following gold? >> we sell strength. it was the unemployment rate not having any type of shockers whatsoev
unemployment is higher today than when barack obama took office. rich: president obama's -- the romney campaign has featured bankruptcy with the government providing guarantees proposed financing. ohio could very well decide this race. president obama returned tomorrow. governor romney later this weekend. david: thank you very much. let's bring in our panel. liz: we have jeff cleveland and fill -- the action you saw today, didn't say anything about what we may see next week and review a little...
103
103
tv
eye 103
favorite 0
quote 0
now our viewers can see who said this, would you be surprised that was barack obama speaking back in 2011? >> let's replay that tape. i would like to hear that again. he is talking some sense. david: what happened, bob? he is exactly the opposite today, saying that we need higher taxes. what happened in the course of a year? >> so what you're pointing out is uncertainty. i think people and businesses can deal with tax rates different from what they are. where they can't deal is when we have no clue. uncertainty is one of the worst things for markets and that's why, as you reported a few minutes ago, companies are sitting on this massive amount of cash. they just don't know what to do. we need to give them the rules. sandra: so bob, if we can all agree that taxes in some form are going to go up in the new year what do you do with your money? are we going to all of a sudden see a reallocation of funds? will people avoid the stock market and look elsewhere? what might that environment look like? >> i don't think that's what happens. we're not talking about taking tax rates from 35 to 50
now our viewers can see who said this, would you be surprised that was barack obama speaking back in 2011? >> let's replay that tape. i would like to hear that again. he is talking some sense. david: what happened, bob? he is exactly the opposite today, saying that we need higher taxes. what happened in the course of a year? >> so what you're pointing out is uncertainty. i think people and businesses can deal with tax rates different from what they are. where they can't deal is when...
110
110
tv
eye 110
favorite 0
quote 0
this makes the point that barack obama has done everything possible to raise energy prices. years ago we said electricity rates will skyrocket in terms of slow walking permitting, the keystone pipeline,. melissa: the man hates gasoline. >> it's clever, but if you want to hit the administration where they are truly weak, i'm talking about since last year, but he one-hit the president where he is absolutely week, mortgages, mortgages, mortgages. the administration has done nothing to help middle-class americans when it comes to this to here is another one. take a look at this. it is an advertisement from this pennis u.s. catalog. there are no women in any of the items in the ikea catalog. who are the customers they are trying to sell to? >> cultural sensitivity. melissa: yes, that's right. >> if you want to talk about the real war on women, let's talk about this. you do have to be sensitive as to where you're trying to sell products be mentally recall that ikea had the first ads in the united states with the two men that were partnered. clearly, they are preparing the saudi's
this makes the point that barack obama has done everything possible to raise energy prices. years ago we said electricity rates will skyrocket in terms of slow walking permitting, the keystone pipeline,. melissa: the man hates gasoline. >> it's clever, but if you want to hit the administration where they are truly weak, i'm talking about since last year, but he one-hit the president where he is absolutely week, mortgages, mortgages, mortgages. the administration has done nothing to help...
142
142
Dec 28, 2012
12/12
by
FBC
tv
eye 142
favorite 0
quote 0
aids describing a potential path forward, smaller compromise involving an extension of tax rates for income less than $500,000, extended unemployment benefits, measures to assure tens of millions of americans avoid the alternative minimum tax, other items, congress would figure the rest out next year under such a scenario but that is not an official proposal, a deal that aides say could have house and senate if democrat and republican leaders agreed to it. currently there is no agreement, just lawmakers assigning blame. >> millions of americans are out there struggling and certainly they deserve congress that will avoid going over the fiscal cliff. which is why the president has been working to bring the leaders together. >> the way our system is supposed to work is the president is supposed to make a proposal and go across the country persuading the american people he is right. finos how to do that. then he sits down with us and we complain and adjust and amend it and bring it up on the floor and vote on it and pass it and get it resolved. that is what is supposed to happen and it c
aids describing a potential path forward, smaller compromise involving an extension of tax rates for income less than $500,000, extended unemployment benefits, measures to assure tens of millions of americans avoid the alternative minimum tax, other items, congress would figure the rest out next year under such a scenario but that is not an official proposal, a deal that aides say could have house and senate if democrat and republican leaders agreed to it. currently there is no agreement, just...
89
89
Nov 26, 2012
11/12
by
FBC
tv
eye 89
favorite 0
quote 0
you know, they have to, otherwise obama can hold this over their heads and just beat them with it and beat them with it. stuart: that was in our last hour on the probability of republicans caving or shall we say shifting on tax increases. i have breaking news for you, right now the new york times reporting that mary shapiro will announce she's stepping down as the head of the sec. she will do so next month. that would be december. >>> yahoo! shares, what's this? now they are up to what almost 19 bucks a share? what's going on with yahoo!? nicole: back to the levels back in 08, new multiyear high here for yahoo!. you see it is up close to 2% right now. goldman sachs added yahoo! to the conviction buy list this morning, upping it from the buy to the conviction buy list. one of the reasons they were doing that is because they purchased 212 million dollars worth of shares in the fourth quarter. they expect it to continue to cut costs, and they are less pessimistic on what they had been on the search business. you put it together, it makes a great day for yahoo!. stuart: looks like it work
you know, they have to, otherwise obama can hold this over their heads and just beat them with it and beat them with it. stuart: that was in our last hour on the probability of republicans caving or shall we say shifting on tax increases. i have breaking news for you, right now the new york times reporting that mary shapiro will announce she's stepping down as the head of the sec. she will do so next month. that would be december. >>> yahoo! shares, what's this? now they are up to what...
172
172
tv
eye 172
favorite 0
quote 0
that is the lowest monthly unemployment rate since 2008 and lowest rate in president obama's presidency. nonfarm payrolls rose 146,000 in november. both above expectations. a little bit of a surprise because economists were expecting that hurricane sandy, the impact of hurricane sandy which hit 25% of the u.s. population, 25 states or something like would that cut job creation andket the unemployment rate a bit, kept it higher. turns out sandy did have an impact but not on the headline numbers. >> if you look deeper in the report you see over a million workers who normally work full-time were reduced to part-time hours during the reference week because of bad wetter. over 300,000 additional workers weren't able to work at all because of bad weather. >> but because the way the labor department counts full-time workers part time workers and whether people work at all, and when they work, it didn't show up in the headline numbers . one thing that did, 350,000 people left the workforce in november. that was one reason again why the unemployment rate dropped to 7.7%. ashley and tracy. ashley
that is the lowest monthly unemployment rate since 2008 and lowest rate in president obama's presidency. nonfarm payrolls rose 146,000 in november. both above expectations. a little bit of a surprise because economists were expecting that hurricane sandy, the impact of hurricane sandy which hit 25% of the u.s. population, 25 states or something like would that cut job creation andket the unemployment rate a bit, kept it higher. turns out sandy did have an impact but not on the headline numbers....
147
147
tv
eye 147
favorite 0
quote 0
lori: do you think level of interest rates with obama? >> no, i don't think that is what it is about. bernanke chairmanship, hard to estimate the power of federal reserve on dovish mode with bernanke driven flood of cash into risk assets like stocks. lori: talk about the relatively low rates. boy, it crushes people dependent on fixed income as i'm sure you're well aware. retirees, people facing retirement. where should they put their money what are the best options in fixed right now? >> first thing i have to say there is no easy solutions. when we look at available set of options to investors there are kind of four options here. number one, stay in cash. you're locking in a negative return because of inflation. number two, go to inflation protected assets like tips. their returns are low as well. number three, we call riding the central bank wave, buying same treasurys the fed is. that is not that productive in the long run. number four is the most inteeinging option not as appealing as year ago, buying risk assets, corporate bonds, muni
lori: do you think level of interest rates with obama? >> no, i don't think that is what it is about. bernanke chairmanship, hard to estimate the power of federal reserve on dovish mode with bernanke driven flood of cash into risk assets like stocks. lori: talk about the relatively low rates. boy, it crushes people dependent on fixed income as i'm sure you're well aware. retirees, people facing retirement. where should they put their money what are the best options in fixed right now?...
125
125
tv
eye 125
favorite 0
quote 0
it is 9 hours and counting until president obama and mitt romney square off in their first presidential debate. joining us live in denver where he hosts our debate coverage beginning at 8:00 eastern. neil cavuto. i know every one wants mitt romney to come out swinging tonight but that is what it is going to take to win this thing? neil: he has to close the deal to show he has a chance so i can understand that argument but often it is not just the debate but where i am standing now behind the auditorium where both sides selva winning points of their candidates arguments even if it is counted as a bad night. they always try to make this the place they do it so you will see this pact inches apart and everyone pitching their arguments in what is be sent to leave the spin room. thousands of journalists converging on this room in this location to make the post debate as big as the debate itself. if you think about it this is how it is sold after words. you go back to 1976 with gerald ford desperately trying to see his people make up for poland is not under soviet occupation, and -- effectivel
it is 9 hours and counting until president obama and mitt romney square off in their first presidential debate. joining us live in denver where he hosts our debate coverage beginning at 8:00 eastern. neil cavuto. i know every one wants mitt romney to come out swinging tonight but that is what it is going to take to win this thing? neil: he has to close the deal to show he has a chance so i can understand that argument but often it is not just the debate but where i am standing now behind the...
125
125
tv
eye 125
favorite 0
quote 0
nasa's new plan comes to light after the obama administration victory. look at interest rates. were people feeling scared, flocking into treasurys today as they had been in the last few sessions? well, not so much as you see by the no change in the yield on 10-year. 10-year at 1.62%. out the curve, 30-year duration unchanged as well. yield is 2.76. back after this. [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll art investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> i'm robert gray with your fox business brief. it's been a seesaw day down on wall street after stocks had their worst two-day slide in a year. the dow is dropping once again down 16 points. >>> ing u.s. is moving clos
nasa's new plan comes to light after the obama administration victory. look at interest rates. were people feeling scared, flocking into treasurys today as they had been in the last few sessions? well, not so much as you see by the no change in the yield on 10-year. 10-year at 1.62%. out the curve, 30-year duration unchanged as well. yield is 2.76. back after this. [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your...
153
153
Oct 29, 2012
10/12
by
FBC
tv
eye 153
favorite 0
quote 0
when i ook at the polls that are out there, in ohio, the rate, the numbers range from very from even to a very slight obama lead, but in none of them, or in very few of them is the president over the 50% mark. so, it looks like, you know, he's maybe 47, 48, 49%, and that means neither side can feel very confident. in ohio, the president is clearly leading among the early voters, which is fairly typical. the governor romney, much more enthusiasm from those who plan to vote and you know, that's going to be, will he get votes and people to the polls. charles: before i let you go. this storm, hurricane sandy, is there any chance it could have an impact on the outcome of next week's election? >> now, i guess in a close election, anything could have an impact, but i'm at the jersey shore, more concerned in the next 48 hours than i am a week from tomorrow. charles: i hear you, amen, brother, stay safe and we'll talk to you soon. >> all right. charles: don't forget the election day, the coverage we're going to have extra varney coverage, the first show is going to be here at normal 9:20 a.m.
when i ook at the polls that are out there, in ohio, the rate, the numbers range from very from even to a very slight obama lead, but in none of them, or in very few of them is the president over the 50% mark. so, it looks like, you know, he's maybe 47, 48, 49%, and that means neither side can feel very confident. in ohio, the president is clearly leading among the early voters, which is fairly typical. the governor romney, much more enthusiasm from those who plan to vote and you know, that's...
130
130
Oct 19, 2012
10/12
by
FBC
tv
eye 130
favorite 0
quote 0
both president obama and gop hopeful mitt romney agree that the u.s. corporate tax rate needs to come down but a major difference between the two is whether to tax profits companies earn overseas, territorial tax. the manhattan institute analyzed both plans and senior fellow. diana furchtgott-roth joins us with the results. diana, you looked at plans here, which one is better for this country? >> what we need is a tax plan that can compete with all our competitors. our top tax rate is 35% that is what our corporate tax rate is. the average tax rate of our competitors is 2%. plus we tax firms on income all over the world. our competitors tax income of corporations in their own country. so switzerland taxes its corporations in switzerland. we tax ours all over the world. what does it mean? it means if a multinational has to choose a place to have headquarters, they're less likely to choose the united states. and we need to change that by bringing our corporate tax code in line with those of our competitors. you know, our neighbor to the north, canada, ha
both president obama and gop hopeful mitt romney agree that the u.s. corporate tax rate needs to come down but a major difference between the two is whether to tax profits companies earn overseas, territorial tax. the manhattan institute analyzed both plans and senior fellow. diana furchtgott-roth joins us with the results. diana, you looked at plans here, which one is better for this country? >> what we need is a tax plan that can compete with all our competitors. our top tax rate is 35%...
1,101
1.1K
Dec 11, 2012
12/12
by
FBC
tv
eye 1,101
favorite 0
quote 0
president obama wants the house to allow tax increases, tax rate increases on families earning more than $250,000 a year. house republicans have an offer on the table. they say they're waiting on the president. >> the president doesn't agree with our approach, he has got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when will this president going to get serious? >> we're basically looking at the same impasse today we were looking at a couple of weeks ago but there is some talk at least beyond fiscal issues in the country on capitol hill. we met up with the incoming chairman of house financial services committee and asked him about the idea going around washington whether or not we should break up the big banks? >> there is certainly a role for the city banks and jpmorgans in the world. i meet with a lot of smart people. i haven't had anyone smart enough to tell me what the optimism size after bank us. >> hensarling was taking about a role for jpmorgan in the economy as
president obama wants the house to allow tax increases, tax rate increases on families earning more than $250,000 a year. house republicans have an offer on the table. they say they're waiting on the president. >> the president doesn't agree with our approach, he has got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when will this president going to get serious?...
202
202
tv
eye 202
favorite 0
quote 0
dagen: let's talk about the unemployment rate that came out on friday. we saw how it played out over the weekend. very expected, but is that the thing that they ought to be focusing on, the obama administration? >> well they have been and we know from scott rasmussen today that the consumer confidence over the weekend shot up and boom, the president's ratings have gone up overnight since yesterday they've gone up because of that jobs number. >> yeah, that is huge. i think the president will use that. joe biden will use it in the debate. but ultimately the president believes he will win with negative because he doesn't have is a record to run on or defend. dagen: does mitt romney need to sit back and hope the president just makes some huge error at this point? >> i think he's got to keep doing what he's been doing which is to be as john said positive on the campaign trail, dagen, but also make it clear there's an alternative approach to failed policies. dagen: how do you think wednesday shakes out? what are the odds you putting on biden making a huge gaff
dagen: let's talk about the unemployment rate that came out on friday. we saw how it played out over the weekend. very expected, but is that the thing that they ought to be focusing on, the obama administration? >> well they have been and we know from scott rasmussen today that the consumer confidence over the weekend shot up and boom, the president's ratings have gone up overnight since yesterday they've gone up because of that jobs number. >> yeah, that is huge. i think the...
1,065
1.1K
tv
eye 1,065
favorite 0
quote 0
is that what they want to do what is right to raise the rates? speak of the american people want us to fight to cut spending. it is a fight we are happy to have. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of cake. he thinks it is too late to get anything done before the end of the year as both sides are too far apart on key issues. joining us now, financial economist at jefferies. we think it is too late, we're going over the cliff. how come? >> not enough time to address all the issues that need to be ad
is that what they want to do what is right to raise the rates? speak of the american people want us to fight to cut spending. it is a fight we are happy to have. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white...